ARIAL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ARIAL
Largest movements
- Cash +€17,063
up €17,063 (+36.8%), from €46,340 to €63,403
mainly Other debts (+€19,803) and Net result for the year (+€19,733)
- Tangible fixed assets -€7,398
down €7,398 (-33.7%), from €21,932 to €14,533
of which Furniture and vehicles: -€7,298
- Receivables within one year +€5,075
up €5,075 (+33.6%), from €15,082 to €20,157
of which Other amounts receivable: +€6,108
- Other debts +€19,803
up €19,803 (+6,622%), from €299 to €20,102
- Tax, wage and social debts -€4,081
down €4,081 (-19.3%), from €21,098 to €17,018
of which Taxes: -€4,281
- Gross operating margin -€19,209
down €19,209 (-33.1%), from €58,020 to €38,811
- Taxes -€4,518
down €4,518 (-35.8%), from €12,616 to €8,098
- Depreciation +€585
up €585 (+6.1%), from €9,639 to €10,224
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,281 | €99,041 | +€14,760 | +17.5% |
| Fixed assets | 21/28 | €21,932 | €14,533 | -€7,398 | -33.7% |
| Tangible fixed assets | 22/27 | €21,932 | €14,533 | -€7,398 | -33.7% |
| Furniture and vehicles | 24 | €21,003 | €13,705 | -€7,298 | -34.7% |
| Other tangible fixed assets | 26 | €928 | €828 | -€100 | -10.8% |
| Current assets | 29/58 | €62,349 | €84,507 | +€22,158 | +35.5% |
| Amounts receivable within one year | 40/41 | €15,082 | €20,157 | +€5,075 | +33.6% |
| Trade receivables | 40 | €8,353 | €7,321 | -€1,033 | -12.4% |
| Other amounts receivable | 41 | €6,729 | €12,837 | +€6,108 | +90.8% |
| Cash at bank and in hand | 54/58 | €46,340 | €63,403 | +€17,063 | +36.8% |
| Deferred charges and accrued income | 490/1 | €928 | €947 | +€20 | +2.1% |
| Total equity and liabilities | 10/49 | €84,281 | €99,041 | +€14,760 | +17.5% |
| Equity | 10/15 | €62,101 | €61,731 | -€370 | -0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,641 | €55,272 | -€370 | -0.7% |
| Distributable reserves | 133 | €55,641 | €55,272 | -€370 | -0.7% |
| Profit (loss) carried forward | 14 | €259 | €259 | = | 0.0% |
| Amounts payable | 17/49 | €22,180 | €37,309 | +€15,129 | +68.2% |
| Amounts payable within one year | 42/48 | €22,180 | €37,309 | +€15,129 | +68.2% |
| Trade debts | 44 | €783 | €190 | -€593 | -75.8% |
| Suppliers | 440/4 | €783 | €190 | -€593 | -75.8% |
| Taxes, remuneration and social security | 45 | €21,098 | €17,018 | -€4,081 | -19.3% |
| Taxes | 450/3 | €19,098 | €14,818 | -€4,281 | -22.4% |
| Remuneration and social security | 454/9 | €2,000 | €2,200 | +€200 | +10.0% |
| Other amounts payable | 47/48 | €299 | €20,102 | +€19,803 | +6,622% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,639 | €10,224 | +€585 | +6.1% |
| Other operating charges | 640/8 | €821 | €770 | -€51 | -6.2% |
| Gross operating margin | 9900 | €58,020 | €38,811 | -€19,209 | -33.1% |
| Operating profit (loss) | 9901 | €47,560 | €27,817 | -€19,743 | -41.5% |
| Financial income | 75/76B | - | €274 | +€274 | |
| Recurring financial income | 75 | - | €274 | +€274 | |
| Financial charges | 65/66B | €265 | €261 | -€4 | -1.6% |
| Recurring financial charges | 65 | €265 | €261 | -€4 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €47,295 | €27,830 | -€19,465 | -41.2% |
| Income taxes | 67/77 | €12,616 | €8,098 | -€4,518 | -35.8% |
| Profit (loss) for the period | 9904 | €34,679 | €19,733 | -€14,947 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,679 | €19,733 | -€14,947 | -43.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.